Border trade: A collateral victim of Indo-Pak tensions

Border trade: A collateral victim of Indo-Pak tensions

 

The Express Tribune:The tensions between India and Pakistan, resulting in snapping of trade ties have affected 50,000 people directly in India’s border city of Amritsar, according to a study conducted by an Indian research and consulting organisation.

The Sikh holy city of Amritsar, in the northwestern Indian state of Punjab, 28km from the border, is losing $4.2 million every month it used to earn because of the India-Pakistan trade through Attari-Wagah border.

The losses accounted for are collateral damages, not including the larger costs incurred by the traders, dealing in cross-border trade, said a study by the Bureau of Research on Industry and Economic Fundamentals (BRIEF).

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